What Is Cyber Extortion Insurance? Ransomware Coverage, Cost & 2026 Trends
Reading Time: 3 minutesCyber extortion insurance covers financial losses when a threat actor demands payment in exchange for not carrying out a cyberattack — or for releasing systems, data, or access they’ve already compromised. Ransomware is the most common form of cyber extortion, but the category also includes DDoS threats, data theft with ransom demands, and threats to […]
Hurricane Ian Insurance Update: How P&C Rates Changed After the 2022 Storm
Reading Time: 2 minutesHurricane Ian, which made landfall in southwest Florida in September 2022, produced over $60 billion in insured losses, making it the second-costliest hurricane in U.S. history behind Katrina. The insurance market impact was immediate and lasting: Florida property carriers collapsed or exited, reinsurance costs spiked, and commercial property rates across the entire Southeast rose 15-30% […]